Request-driven road restoration attracts reverse-charge GST, not governmental-function treatment or compensatory-damages status for business recipient...
Road restoration charges for commercial pipeline works are taxable Government services, with reverse charge liability and no public-function exemption...
Model-wise import cap monitoring cannot justify withholding used multifunction machines where all-India tracking is absent and full security is furnis...
Entry 27 exempts services of extending deposits, loans or advances where consideration is represented by interest or discount, except interest in credit-card services; qualifying interest recovery is therefore exempt from GST. A taxpayer claiming that turnover reported in one State actually comprised exempt interest attributable to another State must prove that assertion through cogent documentary evidence. Form GSTR-09C and a Chartered Accountant's certificate without disclosed findings or identifiable documentary support do not discharge that burden. Failure to provide supporting evidence permits an adverse inference, leaving the disputed turnover unestablished as exempt interest and resulting in rejection of the claim.
Entry 27 exempts services of extending deposits, loans or advances where consideration is represented by interest or discount, except interest in credit-card services; qualifying interest recovery is therefore exempt from GST. A taxpayer claiming that turnover reported in one State actually comprised exempt interest attributable to another State must prove that assertion through cogent documentary evidence. Form GSTR-09C and a Chartered Accountant's certificate without disclosed findings or identifiable documentary support do not discharge that burden. Failure to provide supporting evidence permits an adverse inference, leaving the disputed turnover unestablished as exempt interest and resulting in rejection of the claim.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4912 
